forextidings

GBP/USD - Trading Strategy

FX:GBPUSD   British Pound / U.S. Dollar
Here's the hourly chart of GBP/USD. GBP/USD is moving upwards currently. I have applied the moving average of 20 and 50 to forecast the future of the trend. There is a symmetrical triangle also.

If the trend crosses the support trendline and reaches 1.3286 and crosses this level too, Then it will reach 1.3252.

But if it moves upwards, it will touch 1.33977.

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